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Israel's TA 35 Index Edges Up 0.03% at Market Close
The Tel Aviv TA 35 index finished Wednesday's trading session with a marginal gain, supported by advances in the banking, financial, and oil and gas sectors.
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22 Democratic Attorneys General Oppose Proposed 'Forced Labor' Tariffs
A group of 22 Democratic state attorneys general has voiced opposition to a Trump administration proposal to impose tariffs on 59 countries and the European Union. The AGs argue the plan, officially aimed at curbing forced labor, is an unlawful pretext to reinstate tariffs previously struck down by the Supreme Court.
Gold Prices Fluctuate as Markets Balance Fed Rate Cues and Easing Inflation
Gold prices showed mixed results on Monday as traders assessed potential Federal Reserve interest rate moves against cooling inflationary pressures, which have been driven by a recent decline in oil prices.
Cuba Begins Power Restoration in Havana After Nationwide Blackout
Cuban authorities are working to restore electricity, starting in the capital city of Havana, after the national electric grid collapsed on Monday. The cause of the failure has not been officially announced, compounding the island's ongoing energy crisis.
Oil Prices Climb as Market Weighs Supply Increases Against Demand Outlook
Oil prices registered a slight gain on Tuesday as investors shifted their focus from Middle East geopolitical tensions to the dynamics of increasing global supply and uncertain demand.
China's Central Bank Increases Gold Reserves for 20th Consecutive Month
The People's Bank of China expanded its gold holdings again in June, marking the 20th straight month of purchases. The country's total gold reserves rose to 75.44 million fine troy ounces.
European Natural Gas Prices Climb on Slower Storage Refills and Supply Concerns
European wholesale natural gas prices rose on Tuesday, driven by forecasts of a summer heatwave and concerns over reduced pipeline flows from Norway and a slower-than-usual injection rate into storage facilities.
Chip Stock Rally Stalls After Asian Tech Sell-Off
A recent rally in U.S. chip stocks faltered in early trading Tuesday, influenced by a significant downturn in Asian technology shares despite strong earnings reports. The pullback has raised investor concerns about the sustainability of the current AI-driven market boom.
IEA Projects 0.5% Decline in Global Natural Gas Demand for 2026
The International Energy Agency (IEA) has forecast a 0.5% drop in global natural gas consumption for 2026, citing higher prices and supply disruptions. This would mark the third annual decline in gas demand this decade.